Free Legal Advice Philippines
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

LAND CONVERSION

2 posters

Go down  Message [Page 1 of 1]

1LAND CONVERSION Empty LAND CONVERSION Sat Apr 05, 2014 8:52 pm

jonipatron


Arresto Menor

GOOD DAY TO ALL..!

I recently bought a piece of land and transferred the title under my name. Now when i tried to use it for Pag-ibig housing Loan, they advised that i have to convert it to residential first (the land is classified as "corn land").

Out municipal assessor suggested that i convert only a part of it to residential to get rid of a higher real property tax.

My concern is that i'd be obliged to spend more on surveys (to divide the land) and that i think the land would be divided into two titles??

What are the pros and cons of converting the whole land to residential?

I hope you can enlighten me and help me come up with the best decision about this.

thank you in advance.

2LAND CONVERSION Empty Re: LAND CONVERSION Sun Apr 13, 2014 6:31 pm

shyjyeon


Arresto Menor

Is it true that the way of surveying farm land differs from residential land?

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum